CFIG Cannabis Clips Week of Monday, May 25

Cannabis News of Note:

NY Post: Pot Inc. may finally be inching closer to the US bank access it craves

Cannabis Law360: Florida Bank Shareholder Wins Injunction Over Bylaw Changes

Cannabis Business Times: FundCanna Secures Up to $60 Million Senior Credit Facility to Expand Cannabis Funding Platform

TJM: The Potential Rude Awakening Of Social Consumption Insurance

Cannabis Business Times: DEA Says Red-Flag Question on Schedule III Application ‘Not Intended … as a Categorical Barrier’

Cannabis Business Times: Former Federal Prosecutor, Former IRS Lawyer Warn Cannabis Industry About Jumping on DEA Registration Bandwagon

MJ Biz Daily: ‘Reckless’ 280E gamble backfires as feds demand millions from cannabis MSO

Marijuana Moment: TSA Clarifies That Its Marijuana Policy ‘Has Not Changed’ Despite Clickbait Headlines

CDL Life: USDOT memo confirms that CDL drivers still can’t use marijuana after rescheduling

Marijuana Moment: Feds Would Develop ‘Impairment Standards’ For Marijuana And Other Drugs Under New Bipartisan Transportation Bill In Congress

Marijuana Moment: GOP Congressman Says His Hemp Regulation Bill Faces Opposition From Alcohol, Marijuana And Prohibitionist Groups

Marijuana Moment: Federal Judge Dismisses Anti-Marijuana Groups’ Lawsuit Challenging Medicare Hemp Coverage Program

Marijuana Moment: New California Emergency Marijuana Rules Aim To Help State’s Businesses Benefit From Trump’s Federal Rescheduling Move

ProPublica: In a Private Meeting, Colorado Marijuana Regulators Acknowledge the Extent of Illegal Hemp Sales

Marijuana Moment: Virginia Governor Vetoes Marijuana Sales Legalization Bill After Lawmakers Rejected Her Amendments

 

Cannabis Reports of Note:

First Citizens Bank: State of the Cannabis Industry

2026 Oklahoma Medical Marijuana Research Study Data and Program Report Released

New Global Cannabis Report from GCNC and Whitney Economics Examines How Pricing Compression Reshapes Emerging Markets

Marijuana Legalization Is Linked To ‘Significant Reductions’ In Opioid Overdoses, Federally Funded Study Finds

 

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Florida Bank Shareholder Wins Injunction Over Bylaw Changes

By Jonathan Capriel

A Florida bank must hold off on selling its assets and postpone its annual shareholder meeting, a federal judge ruled, saying the bank’s biggest shareholder presented credible evidence suggesting that the directors rigged corporate bylaws to keep themselves in charge following a federal crackdown on the bank’s cannabis-related business.

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